Use the Following Information to Answer the Question(s)below

question 43

Multiple Choice

Use the following information to answer the question(s) below.
Your great aunt Matilda put some money in an account for you on the day you were born.This account pays 8% interest per year.On your 21st birthday the account balance was $5033.83.
-The amount of money that your great aunt Matilda originally put in the account is closest to:

• A)$600.
• B)$800.
• C)$1000.
• D)$1200.

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Definitions:

Secular Understanding

A perspective or approach that emphasizes non-religious principles and values, focusing on human reasoning and the material world.

Half-Way Covenant

A religious-political solution adopted by some 17th-century New England Congregational churches, allowing partial church membership for settlers not yet converted but whose lives were not outwardly sinful.

Conversion Evidence

Proof or documentation that demonstrates a change or transformation, often used in legal, religious, or technological contexts.